Americans will enjoy very low cash and loans interest rates the rest of the year, economists say, because the Fed wants to do everything possible to help the fragile economy.

The Federal Reserve chairman Alan Greenspan and his colleagues in the Open Market Committee, decided to leave unchanged the federal funds rate at 1.25%, adding that the rates are sufficiently low to help bolster a weak economy .

Given that uncertainty, including a possible war in Iraq has done to consumers and businesses more cautious, the Fed probably will keep the interests of short-term at their current levels during the summer and possibly until the autumn, economists said. Read more »

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